Business Topics

60% of Japan's households feeling financial hardship

Jul 12, 2016

60% of Japan's households feeling financial hardship

Over 60 percent of households across Japan found themselves facing financial difficulties last year, according to a government survey. The proportion stood at 60.3 percent as of July 2015, the fourth-highest level since the survey started in 1986, the Health, Labor and Welfare Ministry ...

Jul 12, 2016

Japan's wholesale prices fell 4.2% in June

Wholesale prices fell 4.2 percent in June from a year earlier for a 15th straight month of decline, impacted by falling crude oil and commodity prices, as well as a strong yen, Bank of Japan data showed Tuesday. The index of corporate goods prices ...

Jul 9, 2016

China vows to act with G-20 partners to increase world trade

China will work with its Group of 20 partners to promote global trade growth, Beijing’s commerce minister said Saturday as the world’s top economies met in Shanghai. Global trade is expected to grow at a tepid 2.8 percent in 2016, the World Trade Organization ...

Japan corporate bankruptcies for January-June lowest since 1990

Jul 8, 2016

Japan corporate bankruptcies for January-June lowest since 1990

The number of corporate bankruptcies in Japan and total liabilities left by failed firms hit their lowest level for a first-half year since 1990 during the nation’s bubble economy, Tokyo Shoko Research Ltd. said Friday. The number of failed firms dropped 6.5 percent from ...

Jul 7, 2016

Bank of Japan cuts assessment of two regional economies

The Bank of Japan downgraded its economic assessment of two of the country’s nine regions on Thursday, citing damage caused by the Kyushu earthquakes in April and slowing personal consumption amid falling share prices. The central bank downgraded its assessment of the Chugoku region ...